Eldred, MN Foreclosures
How much do homes sell for in Eldred, MN?
The average home price is currently $136,073.
What’s the average rental cost in Eldred, MN?
The average rental price in Eldred is $971.
What is the most expensive home in Eldred?
The most expensive home sold in Eldred had a price of $480,537.
What is currently the cheapest priced home in Eldred, MN?
The cheapest home for sale in Eldred is priced at $37,756.
Living in Eldred, MN
Eldred, MN, is a small, picturesque town that offers a perfect blend of rural charm and community spirit. Surrounded by beautiful landscapes, the area is ideal for outdoor activities, making it attractive to families and nature lovers. With a low cost of living and a friendly atmosphere, Eldred is a hidden gem in northern Minnesota.
Current Market Conditions in Eldred, MN
The current real estate market in Eldred, MN, is experiencing a steady demand for housing, driven by the peaceful lifestyle and affordable home prices. Listings tend to attract interest due to the community's charm and proximity to nature, although inventory remains quite low, leading to increased competition among buyers.
In recent months, Eldred has seen a gradual appreciation in home values as more people look for homes in rural settings. This trend is expected to continue as remote work encourages individuals to move away from urban centers to quieter locales.
Home Value Estimator For Eldred, MN
There are currently 16 real estate properties
in Eldred, MN,
with a median automated valuation model (AVM) price
of $93,139.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Eldred, MN, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Eldred, MN,
is $136,073.00, with the most expensive house
in Eldred, MN, topping out
at $480,537.00 and the cheapest home
in Eldred, MN,
clocking in at $37,756.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Eldred, MN!
Rent Prices
In Eldred, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Eldred, MN, is on
a rollercoaster ride. The
average rent price in Eldred, MN,
is $971.00. Indeed, when looking to rent in
Eldred, MN, you can expect to pay as little
as $570.00 or as much
as $1,820.00,
with the average rent median estimated to
be $880.00. The good news is that finding
an affordable and desirable property to rent in Eldred, MN
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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